David W. Gibbs Sells 5,293 Shares of Yum! Brands, Inc. (NYSE:YUM) Stock

Yum! Brands, Inc. (NYSE:YUM - Get Free Report) CEO David W. Gibbs sold 5,293 shares of Yum! Brands stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $154.24, for a total value of $816,392.32. Following the completion of the transaction, the chief executive officer now owns 157,893 shares in the company, valued at $24,353,416.32. This trade represents a 3.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Yum! Brands Trading Down 0.7 %

Shares of NYSE YUM traded down $1.15 during mid-day trading on Friday, reaching $156.75. The company had a trading volume of 3,071,625 shares, compared to its average volume of 1,887,430. The stock has a market cap of $43.75 billion, a PE ratio of 30.03, a P/E/G ratio of 2.31 and a beta of 1.03. The company has a 50-day moving average price of $143.99 and a two-hundred day moving average price of $137.85. Yum! Brands, Inc. has a 1-year low of $122.13 and a 1-year high of $163.30.

Yum! Brands Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were issued a dividend of $0.71 per share. This is an increase from Yum! Brands's previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 1.81%. Yum! Brands's payout ratio is currently 54.41%.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of YUM. Chancellor Financial Group WB LP acquired a new stake in Yum! Brands during the fourth quarter valued at $525,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Yum! Brands by 29.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 62,335 shares of the restaurant operator's stock worth $8,363,000 after buying an additional 14,077 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of Yum! Brands by 1.1% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 114,652 shares of the restaurant operator's stock worth $15,382,000 after buying an additional 1,280 shares during the last quarter. Wood Tarver Financial Group LLC acquired a new position in shares of Yum! Brands during the 4th quarter worth about $62,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Yum! Brands during the 4th quarter worth about $43,944,000. Hedge funds and other institutional investors own 82.37% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on YUM. Cowen restated a "hold" rating on shares of Yum! Brands in a research note on Wednesday, March 5th. UBS Group lifted their price objective on Yum! Brands from $156.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, February 7th. JPMorgan Chase & Co. lifted their price objective on Yum! Brands from $138.00 to $160.00 and gave the stock a "neutral" rating in a report on Thursday. TD Cowen reissued a "hold" rating and issued a $140.00 price target on shares of Yum! Brands in a report on Thursday, February 6th. Finally, Stifel Nicolaus boosted their price target on Yum! Brands from $130.00 to $148.00 and gave the stock a "hold" rating in a report on Friday, February 28th. Fifteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $151.79.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.